Talented Young Musicians Association Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, NJ
- Founding
- 12/2005
- Data as of
- 08/2024
- EIN
- 51-0545964
Organization Overview
Talented Young Musicians Association Inc is located in Somerset, NJ. The organization was established in 2005. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Talented Young Musicians Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Talented Young Musicians Association Inc generated $510.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $31.0k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO ADVANCE & STRENGTHEN CHILDREN AND PUBLIC EDUCATION THROUGH PROMOTION OF THE ARTS AND TO AID PROMISING MUSIC PERFORMERS TO FURTHER THEIR CAREERS OF MUSICAL ARTISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lioudmila Kozlova President | 20 | $18,000 | |
Dorela Cheban Sec/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $510 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $510 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,000 |
| Professional fees and other payments to independent contractors | $1,400 |
| Occupancy, rent, utilities, and maintenance | $625 |
| Printing, publications, postage, and shipping | $240 |
| Other expenses | $7,711 |
| Total expenses | $30,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |